The new plant is designed to produce up to 23,000t of renewable hydrogen per year using a 140MW electrolyser.

Austria’s top oil and gas producer OMV has detailed its plan to transform its business into a zero-carbon operation by 2050 in its latest strategy presentation. The company said its exploration and ...

The Austrian energy sector is set to see a paradigm shift in the coming few years, as it is all set to change in a manner that shall forever alter the course of hydrogen in Europe’s map of green ...

A European gas supplier ended a decades-long contract with Gazprom, the Russian state-owned energy juggernaut. Analysts are hailing the decision as a sign of Europe moving to be more resilient in its ...

Austria’s energy landscape is about to witness a transformative shift as one of Europe’s most ambitious green hydrogen initiatives takes shape. OMV has secured substantial funding for what will become ...

The European Investment Bank (EIB) has granted a €450 MM loan to support the construction of OMV’s green hydrogen production plant, which is set to significantly contribute to the decarbonization of ...

OMV AG has made a final investment decision to proceed with the construction of an electrolysis facility in Bruck an der Leitha, Lower Austria. The 140-MW electrolyzer - a facility that splits water ...

Libya has declared OMV's 195-million-barrel Essar oil discovery commercially viable, advancing its strategy to revive ...

July 31 (Reuters) - Austrian oil and gas company OMV (OMVV.VI), opens new tab reported second-quarter results in line with expectations on Thursday, as lower contributions from its energy and fuels ...

Add Yahoo as a preferred source to see more of our stories on Google. A view of a plant on the site of an OMV refinery. Austria's OMV energy, chemicals and fuels company on Wednesday announced ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Austria’s OMV has started commercial gas production at its recent discovery in the country, with hopes that ...

Austria’s energy firm OMV has seized $241 million (230 million euros) of Gazprom natural gas deliveries for October as a means to recover the arbitration award, which prompted Gazprom to cut off ...